Send money to South Africa the easy way

Whether you’re sending your Australian Dollars back home to your family, or need to make sure you have your Rands on hand before you head to the Republic, we’ll make your international money transfer as cost-effective and convenient as possible. Use our currency conversion calculator below to see how much you can save on your next money transfer, register a free account with us and start transferring.

How to send money to South Africa

An international money transfer to South Africa doesn’t have to be a complicated process. Whether you’re looking to send a small amount or a large lump sum, we make the money exchange process convenient and affordable.

All you have to do to start transferring your money abroad is to sign up for a free online account with us. Once you have activated your account by uploading or emailing our team copies of your passport and proof of address and you’ll be able to send money to South Africa. It’s as simple as that!

Why thousands of people continue using our forex service

Great rates, low fees

We transfer your money at fees that banks can’t compete with, we'll make sure you always get a great exchange rate.

Fully regulated

We are fully compliant with the South African Reserve Bank, Financial Services Conduct Authority and South African Revenue Services.

No-obligation consultations

We offer all prospective clients free no-obligation consultations on their personal or business forex needs.

Expert advice

We always provide a personalised service and all our solutions are tailored to our clients’ needs.

Frequently asked questions about online money transfers

You may have questions about transferring your hard-earned money, and that’s good! We understand your desire to know more. Below are the answers to the questions we get asked most regularly.

If the answer you’re looking for is not below, please contact us on +613 (0) 8651 4500 or forex@sableinternational.com and we’ll help you out.

1. Once registered, how long does it take to activate my account?

As soon as we have received a copy of your passport and proof of residential address (signed and dated by yourself), we will activate your account on the same business day.

If your transfer exceeds £10,000 (or the equivalent in another currency), we will request a few additional documents.

2. How are your exchange rates determined? Why are they better than the banks’ rate?

To get you the best rates, we canvass the market on your behalf, add a small margin to the rates we obtain, and pass that rate on to you. The exchange rates we offer fall between the interbank rate (the truest exchange rate) and the rate offered by high street banks and bureaux de change.

We are able to undercut the high street banks and pass that saving on to you in the form of great rates. While the rates on our site are updated throughout the day, they must be viewed as indicative only.

3. Why can't I get the exchange rate I see on TV?

The rate you see in the media is the interbank rate, which is the rate at which banks trade with each other. We pride ourselves on being transparent and will only quote rates that we are able to give you.

4. Between which countries can I send funds?

We can transfer funds to just about any worldwide destination. Our most popular destinations are Australia, New Zealand, Poland, South Africa, Canada, the United States and the Eurozone. If your country is not specifically listed as an option on our website, please give us a call or send us an email and we’ll help you out with your transfer.

5. How long does a transfer take to be processed?

Once we have received all the necessary documentation associated with the transaction and your funds have cleared in our client account, the converted funds will be credited to your nominated overseas account within one to three working days.

6. What are the minimum and maximum amounts that can be transferred?

There is no minimum or maximum amount when you transfer money with us. There are, however, certain benefits to . To find out more about the benefits of sending larger amounts pop us an email, or give us a call, and tell us how much you’d like to send and we’ll walk you through the process.

Please note: When transferring £10,000 (or foreign currency equivalent) or more in a single currency transaction, or £30,000 (or foreign currency equivalent) in a number of transactions over a 12 month rolling period, Sable International requires proof of “source of funds” as prescribed by HMRC’s Money Laundering Regulations.

7. What methods of payment can I use to transfer the funds to your account?

We accept internet banking payments and GBP denominated UK debit card payments. Your name and surname must be used as the reference when paying via internet banking. If a name and surname are not supplied, proof of payment must be emailed to us so we can allocate your funds for transfer.

8. What happens when I use a debit card as my preferred payment method?

The easiest way to transfer money with us is to use your UK debit card on our website. This process is completely under your control and you don’t need to set foot in a bank or log on to an internet banking portal.
As soon as you submit your request online, your money is transferred from your account into ours. As the funds are transferred out of your account, the exchange rate will be secured for your transfer. This is how we ensure the rate you see when you request the transfer is the rate you get.

9. What happens when I use internet banking as my preferred payment method?

If you have chosen internet banking as your preferred payment method, you will need to complete two stages to effect a transfer. Firstly, you will need to upload your transfer instruction onto our website. This tells us the amount of money, destination to which and date on which you want the funds to be sent. After this, you will have to log in to your internet banking account and transfer the requested amount to the relevant Sable International client account, using your name and surname as the payment reference.

The appropriate details for our client holding account will appear when you upload your transfer request on our website.

10. How can I be sure that my funds will be correctly allocated?

If you are using internet banking, it is imperative that you ensure that your funds will clear under your name and surname. If you use your name and surname as the payment reference, we will know that the funds are from you and we can process your transfer as soon as the funds clear.

If the funds will be clearing under a reference other than your own name and surname, please send an email to forex@sableinternational.com, informing us as to what name the funds should clear under. Following these guidelines will decrease the likelihood of a delay.

11. What are the requirements of a registered Money Service Business?

The law requires us to monitor any unusual or suspicious transactions of any size taking place where we have reason to believe the money is derived from illegal activity. We will report any suspicious international money transfers to the authorities.

The law also requires us to keep full records of all transactions, together with copies of identification provided. We are unable to process any transaction where this information is withheld. Proof of address and proof of funds may be required in certain cases – please see our “know your customer” guidelines for more information.

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Croydon

Australia

Melbourne

Sable International is a trading name of 1st Contact Money Limited (company number 07070528), registered in England and Wales. We are authorised and regulated by the Financial Conduct Authority in the UK (FCA no. 517570), the Financial Services Conduct Authority in South Africa (1st Contact Money [PTY] Ltd - FSP no. 41900) and hold an Australian Financial Services License issued by ASIC to deal in foreign exchange (1st Contact Group - AFS License number 335 126).